TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Facebook connectivity investments to grow Africa’s economy by $57bn in next five years 

The Editor by The Editor
July 22 2020
in Business
A A
0
Nigerian SMBs on Facebook upbeat about business future despite COVID-19 pandemic – Report

Facebook on Wednesday released findings from The Impact of Facebook’s Connectivity Initiatives in Sub-Saharan Africa, a study conducted by Analysys Mason that highlights how Facebook investments in infrastructure and connectivity across the region will deliver over $57 Billion in Economic Benefits over the next five years (2020–2024).

According to The Economist Intelligence Unit – Inclusive Internet Index 2020, over 800 million people in Sub-Saharan Africa are unconnected to the internet.

Over the years, Facebook has invested in infrastructure and partnerships to address the barriers to connectivity, such as the lack of availability in infrastructure, affordability, relevance and readiness to get online.

Also aiming to provide financial and technical inputs that can make infrastructure easier and cheaper to deploy within the continent, Facebook’s infrastructure investments and connectivity initiatives include the following:

  1. Investing in Infrastructure that supports internet connectivity

·         Submarine cables – Will enable an increase in supply of international bandwidth, reduction in costs for ISPs and resulted in a combination of more connectivity and lower prices for end users. This includes the 2Africa cable, one of the largest Subsea cable projects in the world, which will circle the African continent, landing in 16 African countries. It will triple the capacity currently provided by all the subsea cables serving Africa today further supporting growth of 4G, 5G and broadband access for hundreds of millions of people.

·         Edge networks – Enables ISPs (Internet Services Providers) and MNOs (Mobile Network Operators) to access content on Facebook’s platform closer to their own networks, increasing service quality and reducing costs while cutting international connectivity and transit costs for operators and improving user experience. 70% of Facebook traffic in SSA is now served from within the region and investments in edge network and international capacity together will enable Internet traffic to increase by 9% by 2024 and generate an increase of GDP of USD53 billion over a five-year period.

·         Backhaul fiber investments through Open Transport Networks (OTNs)- Facebook’s investment in OTNx has seen it deploy 770 kilometers of fiber in Uganda in partnership with operator BCS and Airtel and 750-800 kilometers in Nigeria with infrastructure provider MainOne which has enabled an extension of 3G/4G coverage to over 4 million people. A further 100 kilometers of fiber haul has been deployed in South Africa for Wi-Fi in partnership with operator Vast. An estimated 700,000 people in Uganda and 300,000 people in Nigeria got online earlier than they would have without the OTNx investments, producing an economic impact of almost USD4 billion between 2020 and 2024.

2.                   Supporting Mobile Operators through facilitation initiatives

·         Express Wi-Fi. Facebook has deployed Express Wi-Fi solutions across SSA enabling local ISPs and operators to establish low-cost access networks. The solutions which are currently available in Ghana, Kenya, Malawi, Nigeria, Senegal, South Africa and Tanzania are helping bring more people online and stimulate data usage and Internet traffic overall.

·         Rural Access partnerships- Facebook has invested in two Rural Access partnerships (Africa Mobile Networks- AMN in Cameroon and Democratic Republic of Congo, and BRCK in Kenya and Rwanda) that focus on reducing the costs of rolling out broadband in less populated and poorer rural areas.

·         The Telecom Infra Project (TIP)- Meant to mobilize telecoms operators, vendors, governments and other stakeholders to work towards implementation of new and more cost-effective technological solutions and hardware.

Some of the economic benefits include the enhancement of operators’ ability to extend the coverage of broad networks, thus enabling more people to go online.

These increases in take-up and internet traffic mean that people are more able to interact with each other, trade online and perform online transactions.

All these activities create benefits for individuals and wider economic and social benefits through improved health and welfare outcomes, skills and education, job creation and productivity.

Facebook’s Africa Public Policy Director, Kojo Boakye, commented: “At Facebook we’re committed to Africa and the role that we can play in improving the continent’s global competitiveness. Over the last three years we’ve heavily invested in infrastructure and connectivity initiatives that aim to affordably connect people on this continent and create tangible social-economic benefits. These efforts are part of a complex solution that requires all stakeholders – including mobile operators, infrastructure providers and governments – to work together for the common good. We are only 1% finished and remain committed to this exciting journey and working with all our partners along the way.”

The Impact of Facebook Connectivity Initiatives in SSA report can be accessed here.

Previous Post

Senate passes Army varsity bill

Next Post

BREAKING: Ekiti governor Fayemi tests positive for COVID-19

Related Posts

Why Nigerians’ data finishes fast — MTN
Business

Why Nigerians’ data finishes fast — MTN

October 27 2026
$242m Petroleum Products Diversion Claim: UBA secures court order against Vitol, four others
Business

$242m Petroleum Products Diversion Claim: UBA secures court order against Vitol, four others

October 26 2026
Barclays Bank to cut about 5,000 jobs amid AI drive
Business

Barclays Bank to cut about 5,000 jobs amid AI drive

October 22 2026
Air Peace suspends flight operations nationwide over NiMet strike
Business

Aviation unions petition Presidency over Air Peace airside invasion

October 21 2026
Immigration Service denies discriminatory passport charges
Business

Nigeria’s passport ranking falls to 181, visa-free access shrinks

October 20 2026
Refiners predict petrol price drop below N400/ltr
Business

Marketers reject govt plan to cap petrol price

October 16 2026
Next Post
BREAKING: Ekiti governor Fayemi tests positive for COVID-19

BREAKING: Ekiti governor Fayemi tests positive for COVID-19

Edo PDP inaugurates campaign council, vows to deliver Obaseki for second term

Edo PDP inaugurates campaign council, vows to deliver Obaseki for second term

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Fasoranti: Family announces Dec 17 for funeral

Fasoranti: Family announces Dec 17 for funeral

by The Editor
October 23 2026
0

...

Ooni, Omisore mourn Afenifere leader Fasoranti

Ooni, Omisore mourn Afenifere leader Fasoranti

by The Editor
October 21 2026
0

...

Minister defends King’s College concession, cites infrastructure decay

Minister defends King’s College concession, cites infrastructure decay

by The Editor
September 16 2026
0

...

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

APPOINTMENTS

Enugu APC releases updated campaign council list

by The Editor
October 31 2026
0

...

Gov. Okpebholo elevates ex-BBNaija housemate to adviser

Gov. Okpebholo elevates ex-BBNaija housemate to adviser

by The Editor
October 22 2026
0

...

CJN swears in 68 new SANs

CJN swears in 68 new SANs

by The Editor
October 12 2026
0

...

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

by The Editor
September 23 2026
0

...

ODDITIES

US pastor marries second wife, says monogamy unbiblical

US pastor marries second wife, says monogamy unbiblical

by The Editor
October 26 2026
0

Indian man assaults truck drivers in Lagos

Indian man assaults truck drivers in Lagos

by The Editor
October 13 2026
0

US engineer caught on camera poisoning colleague’s water bottle

US engineer caught on camera poisoning colleague’s water bottle

by The Editor
October 12 2026
0

GLOBAL NEWS

UK to charge varsities $1,200 per Nigerian, other foreign student from 2028

UK to charge varsities $1,200 per Nigerian, other foreign student from 2028

by The Editor
October 27 2026
0

...

Trump seeks US ban for Norwegians over Nobel Peace Prize snub

Trump seeks US ban for Norwegians over Nobel Peace Prize snub

by The Editor
October 27 2026
0

...

Netanyahu orders army to prepare for full West Bank closure after attack

Netanyahu orders army to prepare for full West Bank closure after attack

by The Editor
October 23 2026
0

...

Coup: Russia warns ECOWAS, others against Niger intervention threats

Putin agrees to resume tri-lateral peace talks with Ukraine, US in November

by The Editor
October 22 2026
0

...

US orders diplomats, families to leave Saudi Arabia amid deadly attacks

US orders diplomats, families to leave Saudi Arabia amid deadly attacks

by The Editor
October 22 2026
0

...

State of the States

Delta SUBEB denies N13.4bn unspent funds claim

Delta SUBEB denies N13.4bn unspent funds claim

by The Editor
October 31 2026
0

...

Ogun State mulls relocation of communities over gas leak

Ogun State mulls relocation of communities over gas leak

by The Editor
October 23 2026
0

...

Gombe confirms cholera outbreak, treats 74 patients

Gombe confirms cholera outbreak, treats 74 patients

by The Editor
October 21 2026
0

...

Ogun pensioners demand gratuities, pension increases

Ogun pensioners demand gratuities, pension increases

by The Editor
October 9 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest

Enugu APC releases updated campaign council list

October 31 2026
2027: Kano NDC governorship candidate still missing from INEC updated list

2027: Kano NDC governorship candidate still missing from INEC updated list

October 31 2026
Delta SUBEB denies N13.4bn unspent funds claim

Delta SUBEB denies N13.4bn unspent funds claim

October 31 2026
Sowore demands sanctions as Ikogosi Marathon bars him from 2026 edition

Sowore demands sanctions as Ikogosi Marathon bars him from 2026 edition

October 31 2026

EDITORIAL REVIEW

Four states hold high-level talks to tackle insecurity

Boko Haram compounding Nigeria’s case – Punch

by The Editor
October 23 2026
0

Nigeria’s inflation rate falls to 15.43% in July

Economic stability must become shared prosperity – Punch

by The Editor
October 22 2026
0

Nigeria’s vote-buying scourge – Punch

Nigeria’s vote-buying scourge – Punch

by The Editor
October 21 2026
0

Perils of LG Electoral Commission – Punch

Yes, voters, not courts, must decide elections – Punch

by The Editor
October 20 2026
0

Tariff hike: Electricity workers lock out minister, issue 14-day ultimatum

Don’t involve civil servants in politics – Punch

by The Editor
October 16 2026
0

Opinion

Blackouts: Broken promises, powering failure – Punch

The revenge of Band A

by The Editor
October 27 2026
0

...

2027: Wike, APC governors clash over Rainbow Coalition

Why are governors getting worse?

by The Editor
October 13 2026
0

...

As we celebrate the girl-child, let us not forget the boy-child

As we celebrate the girl-child, let us not forget the boy-child

by The Editor
October 12 2026
0

...

Candidate Sowore: Revolution, Marijuana and other stories

Candidate Sowore: Revolution, Marijuana and other stories

by The Editor
September 25 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.